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Volkswagen eyes big stake in China partner JAC, taps Goldman: sources

Reuters Thursday, 11 April 2019
Volkswagen AG is exploring purchasing a big stake in its Chinese electric vehicle joint venture partner JAC Motors and has tapped Goldman Sachs as an adviser on the plan, people with direct knowledge of the matter said.
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News video: VW May Buy Into Chinese Partner JAC Motors

VW May Buy Into Chinese Partner JAC Motors 00:42

Auto News reports that Volkswagen Group is considering purchasing a sizable stake in its Chinese electric-vehicle joint-venture partner JAC Motors. The decision by VW to possibly buy into JAC is the most recent move by foreign automakers to increase their stakes in their Chinese joint venture...

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